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Gen Reveals Cybersecurity Predictions for 2024

Retrieved on:

Thursday, December 7, 2023

TEMPE, Ariz., and PRAGUE, Dec. 7, 2023 /PRNewswire/ -- Gen™ (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom through its family of Cyber Safety brands' cybersecurity solutions, today released its top cyberthreat predictions for 2024. Gen experts stress the need for consumers to be on the lookout for highly individualized threats. From cybercriminals using deepfakes to mimic the voice and appearance of family or colleagues to spyware apps delivered via believable ads or direct messages, this year it will be more critical than ever to double check that what you think you see, hear, read and click in 2024 is what it appears to be.

Key Points:

With sophisticated AI, threats will become highly personalized, both for individuals and small businesses
TEMPE, Ariz., and PRAGUE, Dec. 7, 2023 /PRNewswire/ -- Gen ™ (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom through its family of Cyber Safety brands' cybersecurity solutions, today released its top cyberthreat predictions for 2024.
"In 2024, cybersecurity will become even more engrained in the average person's daily life.
Long gone are the days when cybersecurity issues were only for companies or the 'most digital' people.
Gen Top Predictions for 2024:
Advancements in AI will fuel a surge in cybercrime – Gen experts expect 2024 to be a landmark year for the diversification of AI capabilities.

Gen Named One of America's Most Trustworthy Companies by Newsweek

Retrieved on:

Wednesday, March 29, 2023

Trust (social science), AVG, Reputation.com, LifeLock, Digital rights, Trust, ESG, CCleaner, Family, Avira, Tobacco, Newsweek, Avast

America's Most Trustworthy Companies 2023 were identified in an independent survey based on a vast sample of approximately 25,000 U.S. residents who rated companies based on the three pillars of trust: customer, investor and employee trust.

Key Points:

America's Most Trustworthy Companies 2023 were identified in an independent survey based on a vast sample of approximately 25,000 U.S. residents who rated companies based on the three pillars of trust: customer, investor and employee trust.
All companies headquartered in the US with a revenue over $500 million were considered in the study, resulting in the top 700 Most Trustworthy Companies across 23 industries.
Gen was also named one of America's Most Responsible Companies by Newsweek for the third consecutive year.
For more information and to see the entire list of America's Most Trusted Companies 2023, please visit https://www.newsweek.com/rankings/most-trustworthy-companies-america-2023 .

Gen Listed on the 2022 Dow Jones Sustainability Index

Retrieved on:

Monday, December 12, 2022

TEMPE, Ariz. & PRAGUE, Dec. 12, 2022 /PRNewswire/ -- Gen (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom, today announced that it has been included on the Dow Jones Sustainability Index (DJSI), one of the world's most trusted environmental, social, and governance (ESG) benchmarks, on both the World and North America lists. Gen™ (formerly NortonLifeLock) received the company's highest sustainability score, earning a score of 51 and ranking in the 97th percentile in the software category.

Key Points:

TEMPE, Ariz. & PRAGUE, Dec. 12, 2022 /PRNewswire/ -- Gen (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom, today announced that it has been included on the Dow Jones Sustainability Index (DJSI), one of the world's most trusted environmental, social, and governance (ESG) benchmarks, on both the World and North America lists.
Gen (formerly NortonLifeLock) received the company's highest sustainability score, earning a score of 51 and ranking in the 97th percentile in the software category.
The DJSI leverages a Corporate Sustainability Assessment to measure the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index against long-term economic, environmental, and social criteria.
Gen (NASDAQ: GEN) is a global company dedicated to powering Digital Freedom through its trusted Cyber Safety brands, Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner.

Gen Recognized as One of America's Most Responsible Companies by Newsweek

Retrieved on:

Thursday, December 8, 2022

TEMPE, Ariz. and PRAGUE, Dec. 8, 2022 /PRNewswire/ -- Gen (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom, today announced the company has been named to Newsweek's list of America's Most Responsible Companies 2023. This prestigious award, presented by Newsweek and Statista Inc., recognizes the commitment of Gen™ in bettering its consumers, employees, stakeholders, and communities through dedicated environmental, social, and governance (ESG) initiatives, which are highlighted in this year's ESG Report.

Key Points:

America's Most Responsible Companies were selected based on publicly available key performance indicators (KPIs) derived from CSR Reports, Sustainability Reports, and other reports as well as an independent survey.
The final list recognizes the top 500 most responsible companies in the U.S., spanning 14 industries.
Gen, formerly NortonLifeLock, was also named one of America's Most Trusted companies in 2022 by Newsweek.
For more information and to see the entire list of America's Most Responsible Companies 2023, please visit Newsweek.com/americas-most-responsible-companies-2023 .

Avast 2023 Predictions Highlight Increased Risk for Detrimental Damage Caused by Ransomware Gangs

Retrieved on:

Wednesday, December 7, 2022

TEMPE, Ariz. and PRAGUE, Dec. 7, 2022 /PRNewswire/ -- Avast, a leading global digital security and privacy consumer brand by Gen™ (NASDAQ: GEN), anticipates an increased risk of ransomware attacks in 2023 threatening to leak people's and businesses' valuable data if ransom demands aren't paid. Additionally, Avast researchers foresee optimization of social engineering used in scam attacks, taking advantage of economic hardships and energy crisis fears. The experts also expect increased malicious activity overall, as open-source malware becomes more accessible, and cybergangs recruit hacktivists to join their causes.

Key Points:

Additionally, Avast researchers foresee optimization of social engineering used in scam attacks, taking advantage of economic hardships and energy crisis fears.
"This puts people's personal memories at risk and poses a double risk for businesses.
With hundreds of million users online, Avast protects people from threats on the internet and the evolving IoT threat landscape.
Avast digital security products for Mobile, PC or Mac are top-ranked and certified by VB100, AV-Comparatives, AV-Test, SE Labs and others.

Norton Encourages Online Shoppers to Stay Safe and Shop Smart This Holiday Season

Retrieved on:

Thursday, November 17, 2022

TEMPE, Ariz. and PRAGUE, Nov. 17, 2022 /PRNewswire/ -- In advance of Cyber Monday, the busiest online shopping day of the year, Norton, a consumer Cyber Safety brand of Gen™ (NASDAQ: GEN), encourages holiday shoppers to take steps to protect themselves from online fraud and identity theft – at its peak during the holidays – to bring back the joy of gifting.

Key Points:

"We want to help bring back the joy of the holiday season and empower everyone with the resources they need to shop online safely," said Kevin Roundy, Researcher and Technical Director at Norton Labs.
While the majority of Americans (89%) feel confident they can shop safely online, nearly 43 percent admit they are not sure of the best ways to shop online this holiday season.
Before online shoppers start checking off their lists of holiday gifts, they should prepare for a safe and secure shopping experience.
To learn more about how to stay safe this holiday season, please visit the Norton Internet Security Center .

Introducing Gen: The Company to Power Digital Freedom

Retrieved on:

Monday, November 7, 2022

TEMPE, Ariz. and PRAGUE, Nov. 7, 2022 /PRNewswire/ -- NortonLifeLock Inc. (NASDAQ: NLOK) today unveiled its new company name, Gen Digital Inc. (TO BE NASDAQ: GEN), following the completed merger of NortonLifeLock and Avast. Gen™ unites trusted names in Cyber Safety – Norton, Avast, LifeLock, Avira, AVG, CCleaner and ReputationDefender – with a single purpose to power Digital Freedom for people everywhere. The newly formed company is designed to further accelerate the company's innovation and pave the way for the future of digital empowerment.

Key Points:

Gen unites trusted names in Cyber Safety Norton, Avast, LifeLock, Avira, AVG, CCleaner and ReputationDefender with a single purpose to power Digital Freedom for people everywhere.
Gen's family of trusted brands has a heritage of protecting the first digital generations and is united by a shared purpose to power Digital Freedom for the next generation of our digital lives."
At Gen, we're committed to bringing our passion, expertise and global presence together to innovatively tackle these challenges and ultimately power Digital Freedom for everyone."
Gen (NASDAQ: GEN) is a global company dedicated to powering Digital Freedom through its trusted Cyber Safety brands, Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner.

Chinese Cyberespionage Bootcamps Training Recruits in the Art of Supply Chain Attacks for Over a Decade

Retrieved on:

Thursday, November 18, 2021

The success of attacks using this model over the last decade has created a blueprint for sophisticated attacks that have been highly successful because they are very difficult to detect.

Key Points:

The success of attacks using this model over the last decade has created a blueprint for sophisticated attacks that have been highly successful because they are very difficult to detect.
Since targeting the Windows software utility CCleaner in 2018 and the ASUS LiveUpdate in 2019, APT41s methods continue to improve.
One of APT41s preferred methods of entry is to compromise the supply chain of a commercial software vendor.
APT41 then uses secondary malware to infect only those targets that are of interest for cyberespionage purposes.

Avast plc First Quarter Trading Update

Retrieved on:

Tuesday, April 20, 2021

Software, System software, Computer security software, Freeware, Antivirus software, Avast, CCleaner, Earnings before interest, taxes, depreciation and amortization

In March, Avast renewed its contract to promote the Chrome web browser with distribution of its consumer antivirus products and CCleaner utility application, through to March 2022.\nFor the first quarter, Adjusted EBITDA increased 10.3% to $133.7m, resulting in an Adjusted EBITDA margin4 of 56.4%.

Key Points:

In March, Avast renewed its contract to promote the Chrome web browser with distribution of its consumer antivirus products and CCleaner utility application, through to March 2022.\nFor the first quarter, Adjusted EBITDA increased 10.3% to $133.7m, resulting in an Adjusted EBITDA margin4 of 56.4%.
On 31 March 2021, net debt / LTM ("last twelve months") Adjusted EBITDA per the banking covenant was 1.1x.
In March, Avast successfully completed a USD 480 million and a Euro 300 million Senior Secured Term Loan to refinance prior facilities.
The disposal, which will be modestly earnings dilutive, will benefit reported growth rates over the balance of the year.

Avast plc First Quarter Trading Update

Retrieved on:

Tuesday, April 20, 2021

Software, System software, Computer security software, Freeware, Antivirus software, Avast, CCleaner, Earnings before interest, taxes, depreciation and amortization

In March, Avast renewed its contract to promote the Chrome web browser with distribution of its consumer antivirus products and CCleaner utility application, through to March 2022.\nFor the first quarter, Adjusted EBITDA increased 10.3% to $133.7m, resulting in an Adjusted EBITDA margin4 of 56.4%.

Key Points:

In March, Avast renewed its contract to promote the Chrome web browser with distribution of its consumer antivirus products and CCleaner utility application, through to March 2022.\nFor the first quarter, Adjusted EBITDA increased 10.3% to $133.7m, resulting in an Adjusted EBITDA margin4 of 56.4%.
On 31 March 2021, net debt / LTM ("last twelve months") Adjusted EBITDA per the banking covenant was 1.1x.
In March, Avast successfully completed a USD 480 million and a Euro 300 million Senior Secured Term Loan to refinance prior facilities.
The disposal, which will be modestly earnings dilutive, will benefit reported growth rates over the balance of the year.